Joy Jackson Pleads Guilty, She's Taking a Cue from Bernie Madoff!

March 31, 2009 by Admin · Leave a Comment 

Weddingpic_2
It may not save the homes of the people scammed by this scumbag group, but at least some justice has been served.  Joy Jenise Jackson, the former head of the Metropolitan Money Store, has pleaded guilty on charges of conspiracy to commit mail and wire fraud, which carries a maximum prison term of 30 years.

She is now the 7th and most significant player to plead out on charges related to the Metro Money Store scam.

Prosecutors say that 115 people have been identified as victims, and that number is expected to grow.

This sort of mortgage fraud ran rampant through Maryland during the boom years, and now that it’s come crashing down, we’re finding cases of scumbags like this, cheating people out of the very roof over their head, and for what?  $800,000 spent on her wedding?  A McMansion in Fort Washington?

I hope it was worth it, because my bet is that Ms. Jackson will be behind bars for at least the next decade.  In a way, that’s almost too good for her.  She’s caused over 100 people to lose their homes.  I think we should find a punishment to fit the crime.  If they don’t have a roof over their heads anymore because of her?  Why should she be allowed to have one?  Make her pitch a tent and live in the prison yard or the next few years!

Washington Post Article

~Jonathan Benya
- Realtor
Century 21 New Millennium
9405-A Chesapeake St
La Plata, MD 20646
301-609-9000 – office
301-653-8116 – cell

Charles County Real Estate Blog
SOMD Home Search
Southern Maryland Custom Homes & Land

About

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!